LuckyDinAZ

LuckyDinAZ

Long DGAZ from 7 stop at 6.70. Expecting short term reversal over the next week as the bull run has put in a double top on the 15min chart.

LuckyDinAZ Updated 

Long based on doji formed from support line. Lots of negative momentum has been stopped temporarily. Tight stop will be in place with a direction to be determined like the overall markets after the midterm elections. Anticipating positive movement before the elections as long positions are taken for a short rebound, opposed to a longer downtrend which will offer a...

LuckyDinAZ Updated 

POTENTIAL drop in gold prices after midterms and FOMC tomorrow based on bullishness in the broader indexes and drop in vix. Short GDX via a long position in DUST stop loss at todays high of 19.66 as bearish momentum needs to be confirmed today to hold position tomorrow.

LuckyDinAZ Updated 

Ziop will either go to zero or double a year from now, forming doji off 52wk low of 1.90. Long from 1.98 with a stop below low. Currently trading outside of weekly Bollinger bands (20) low, with a potential doji forming today off the lows. Earnings coming up, not expecting the numbers to wow anyone but place enough pressure on the short sellers to take some...

LuckyDinAZ Updated 

Earnings on 11/08 with a new License agreement (1), changes in the board (2), and put to call ratio 0.19 (3), will be looking to exit if the price drops below 2. Entered position due to earnings and oversold conditions, will hold position if a positive change in momentum occurs, with a break in daily resistance and positive Stoch. 1: "BOSTON and GERMANTOWN, Md.,...

LuckyDinAZ Updated 

Long from 29.50, stop loss at 29.10. Looking for a breakout of the weekly resistance, and will take the loss if daily support fails.

LuckyDinAZ Updated 

Long from 31.10 stop loss at today's low of 30.90. Will be looking for a higher open and a reversal of the slow stochastic. Recent pull back in Brent has reached a support region. Tight stop due to negative momentum.

LuckyDinAZ

Lower channel offering support into earnings on 10/31, Put to Call ratio is bullish at 0.20 according to opricot.com

LuckyDinAZ Updated 

Had anticipated a reversal in XAUUSD if the broader markets recovered and the VIX dropped with an increase in dollar strength, XAUUSD broke an hourly channel today and is now potentially forming a bull flag based on consolidation over the last few days. So if Xauusd continues higher I am expecting the Gold Miners to do so as well. Head and shoulders pattern on GDX...

LuckyDinAZ

Prior resistance may become support as another attempt at the recent high is due, in my opinion before a trend reversal would occur. Of course I have been wrong before.

LuckyDinAZ Updated 

GDXJ Resistance level held today, entered leveraged etf JDST at 56.74 with a stop loss at the day's low of 55.82, which is GDXJ's high of 30.31. Contrarian position due to bullish sentiment in XAUUSD, and bearishness in the dollar, but resistance was tempting enough to enter at with a tight stop. Factors to determine success or failure. Recent high of 30.31 is not...

LuckyDinAZ

Long contingent on XAUUSD staying above prior months close, otherwise bears could push to lower bound of daily channel to 25. Long JNUG which is the leveraged etf of GDXJ from 7.04, target at 9, stop loss of 6.95. Put to call ratio of GDXJ and JNUG are < 0.5 indicating bullishness. Potential loss increases if the open is lower than the close and continues down...

LuckyDinAZ

DRIP is an inverse leveraged etf based on SPSIOP which formed a shooting star on the daily and weekly chart at prior resistance. Position anticipates a pull back on SPSIOP from rejected highs on weekly and daily to support above 6200. Averaged long entry is 5.38 stop loss at today's low of 5.24 higher opening next week in DUST will confirm pullback to support for SPSIOP

LuckyDinAZ

Long from 36.17, FOMC tomorrow, increased Fund Rate potentially bearish for gold. Breaking current resistance would be a positive sign for position.

LuckyDinAZ

Price is pulling away from the 20 day Bollinger Bands, RSI is over bought, hitting prior resistance level of ascending triangle, stop loss set if upward resistance is broken, and projection doesn't hold.

LuckyDinAZ

Support level from May of 2016, confirmed if 4.25 resistance is broken, stop loss at 3.87, target at 4.89.

LuckyDinAZ

Weekly and Daily RSI are oversold, daily resistance breached today for a positive first soldier possibly. Stop limit entry set at 18 has not been triggered yet, once position is open a stop loss at 17.45 will be set. Looking for strength in a bottom bounce confirmed with another positive day tomorrow and ideally the next. Second stop limit set at 18.50 if Three...

LuckyDinAZ Updated 

Possible Morning Star formation in the works to fill the gap. Entered at 2.18 stop loss below low of 2.07 at 2.05, will add to the position if formation occurs, and additionally if the gap closes. Price is currently holding with higher than average volume for the day.